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How Inflation Affects Mortgage Rates
INTRODUCTION Inflation is a critical factor that influences the broader economy, including mortgage rates. As inflation rises, the purchasing power of money decreases. A persistant rising in prices during and after COVID due to tight supply chains and Covid-related shutdowns prompted the Federal Re
Why You Need a Real Estate Agent – 184 Reasons
“By all accounts, the general public is not aware of all the services that agents provide to sellers and buyers during the course of the transaction, probably because most of the important services are performed behind the scenes.” Pat Vredevoogd-Combs, past president of the National Associati
Appraisals – What Buyers and Sellers Need to Know
An appraisal is an opinion of value. An appraiser does not establish value but provides judgment, based on experience, of the estimated ’value’ or ‘worth’ placed on a property. Although value is created by people in the marketplace, an appraiser must estimate it. Financial Institutions Reform Rec
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